About Devhari Exports (India) Limited
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Devhari Exports (India) Limited is a public limited company based in Jamnagar, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 11 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51100GJ1994PLC023249. Its GSTIN is 24AACCD0328D1ZE (Gujarat). Its shares are listed on BSE: 539197.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.43 Cr. It is led by directors including Sumeet Pravinchandra Ghuntla and Dipesh Pravinchandra Pala.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 9 Siddharth Shopping Center Opp. Jolly Bungalow, Jamnagar, Gujarat, India – 361001.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.15 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹11.01 Lakh (net margin 49.7%) and EBITDA of ₹15.07 Lakh (EBITDA margin 68%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
The company is associated with 1 brand: Dev Hari Exports. As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹10.15 Cr on record. The company has 70 deals on record (70 market trades); the latest was in April 2022. Its 10 peer companies in the Food and Beverages industry (Edible Oils) are compared by revenue, 5 larger and 5 smaller; the largest is Glaze Extrusion Private Limited with revenue of ₹23.25 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devhariexports.com.
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- Registered Address9 Siddharth Shopping Center Opp. Jolly Bungalow, Jamnagar, Gujarat, India – 361001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Devhari Exports (India) Limited FY 2023 filings available
Devhari Exports (India) Limited reported revenue of ₹22.15 Lakh (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Devhari Exports (India) Limited
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years. EBITDA fell 92% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Devhari Exports (India) Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹22.15 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.01 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devhari Exports (India) Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 49.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devhari Exports (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devhari Exports (India) Limited
Devhari Exports (India) Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glaze Extrusion Private Limited | ₹23.25 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Dholpur, Rajasthan, India |
| Shanti Kunj Solvent Limited | ₹22.61 Lakh (FY 2016) | •••• | •••• | -97.0% | •••• | Islampur, Maharashtra, India |
| Milliare Essentials Private Limited | ₹22.58 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Surat, Gujarat, India |
| Siso Agro Products Private Limited | ₹22.48 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Vikeshi Naturals Private Limited | ₹22.34 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Jaipur, Rajasthan, India |
| Devhari Exports (India) Limited this company | ₹22.15 Lakh (FY 2019) | •••• | •••• | -100.0% | •••• | Jamnagar, Gujarat, India |
| Amiratna Refinery Private Limited | ₹22.09 Lakh (FY 2025) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Good-Health Agrotech Pvt Ltd | ₹21.47 Lakh (FY 2019) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Nutec Oil and Energy Private Limited | ₹21.32 Lakh (FY 2022) | •••• | •••• | 62.0% | •••• | Chennai, Tamil Nadu, India |
| Arjuna Cotton and Spinning Mills Private Limited | ₹21.26 Lakh (FY 2024) | •••• | •••• | •••• | Akola, Maharashtra, India | |
| Shree Krishna Vanaspati Industries Private Limited | ₹20.61 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Devhari Exports (India) by revenue in the Food and Beverages industry (Edible Oils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devhari Exports (India) Limited
Devhari Exports (India) Limited is audited by HEMANT C PARIKH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HEMANT C PARIKH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devhari Exports (India) Limited
Devhari Exports (India) has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Jayantilal Khona Also directs: Jash Dealmark Limited | Additional Director | 17 Oct 2018 | 7 Years 11 Months | Current |
| Sumeet Pravinchandra Ghuntla Also directs: HP Chemicals Private Limited, Hence Home Appliances Limited | Director | 10 Jul 2023 | 3 Years 2 Months | Current |
| Dipesh Pravinchandra Pala Also directs: Hence Home Appliances Limited, Investino Venture LLP, Festino Vincom Limited and 1 more | Director | 10 Jul 2023 | 3 Years 2 Months | Current |
| Jitendra Mansukhlal Shah Also directs: R K Manufacturing Co Ltd, Metalace Private Limited | Director | 30 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Devhari Exports (India) Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devhari Exports (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Others | ₹2 Cr | Open |
| 20 Oct 2018 | Others | ₹1.5 Cr | Open |
| 28 Sep 2004 | Bank of India | ₹15 Lakh | Satisfied |
| 29 Jan 2003 | Bank of India | ₹2.5 Cr | Satisfied |
| 09 Mar 2002 | Bank of India | ₹2.5 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Devhari Exports (India) Limited
Devhari Exports (India) Limited has 70 deals on record (70 market trades); the latest was in April 2022.
Deals on record (5 of 70)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Market trade | ₹18.1 Lakh | Buyer: 2 individuals Seller: Topgain Finance Private Limited |
| Mar 2022 | Market trade | ₹8.4 Lakh | Buyer: Topgain Finance Private Limited |
| Jan 2022 | Market trade | ₹8.4 Lakh | Seller: Alpha Leon Enterprises LLP |
| Jan 2022 | Market trade | ₹3.9 Lakh | Seller: Alpha Leon Enterprises LLP |
| Jan 2022 | Market trade | ₹23.8 Lakh | Buyer: Alpha Leon Enterprises LLP , an individual Seller: Alpha Leon Enterprises LLP |
Full deal history
All 70 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Devhari Exports (India) Limited
Devhari Exports (India) operates one associated brand: Dev Hari Exports. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel products are distributed by Dev Hari Exports from India. | devhariexports.com |
Employees and EPFO Compliance at Devhari Exports (India) Limited
Employment history and EPFO contributions of people linked to Devhari Exports (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Devhari Exports (India) Limited
Devhari Exports (India) has one previous CIN (Corporate Identification Number): U51100GJ1994PLC023249. The current CIN is L51100GJ1994PLC023249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51100GJ1994PLC023249 | Current |
| U51100GJ1994PLC023249 | Previous |
Recent Activity on Devhari Exports (India) Limited
Devhari Exports (India) Limited has 49 board changes on record since 2000: 26 appointments and 23 cessations. The latest: Sanjay Suresh Bhayani ceased to be Whole-Time Director on 02 Aug 2023.
55 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devhari Exports (India) Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devhari Exports (India) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devhari Exports (India) Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devhari Exports (India) Limited
Devhari Exports (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD0328D1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devhari Exports (India) Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devhari Exports (India) Limited
Devhari Exports (India) is an active public limited company based in Jamnagar, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 11 October 1994 (32+ years old) and is registered under CIN L51100GJ1994PLC023249. Listed on BSE: 539197.
Devhari Exports (India) reported revenue of ₹22.15 Lakh for FY 2019 (down 100% YoY).
Devhari Exports (India) has 4 current directors:
- Shailendra Jayantilal Khona - Additional Director
- Sumeet Pravinchandra Ghuntla - Director
- Dipesh Pravinchandra Pala - Director
- Jitendra Mansukhlal Shah - Director
Devhari Exports (India) reported a net profit of ₹11.01 Lakh (net margin 49.7%) and EBITDA of ₹15.07 Lakh (EBITDA margin 68%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devhari Exports (India) is -56% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devhari Exports (India) is 24AACCD0328D1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Devhari Exports (India) is L51100GJ1994PLC023249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Devhari Exports (India) is listed on BSE with code 539197.
Devhari Exports (India) was incorporated on 11 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devhari Exports (India) has 70 deals on record (70 market trades); the latest was in April 2022.
The peers of Devhari Exports (India) by revenue are Glaze Extrusion Private Limited, Shanti Kunj Solvent Limited, Milliare Essentials Private Limited, Siso Agro Products Private Limited, Vikeshi Naturals Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils).